Distributors now placing concrete orders!
Just announced: Read this and then check out their cool new website at www.alrt.com
Business Editors, Health/Medical Writers
BELLINGHAM, Wash.--(BUSINESS WIRE)--Dec. 8, 2000--
Animal Health Companies Recognize The Issue Of Non-Compliance
ALR Technologies, Inc. (ALR Tech), producers of ALRT(TM) Pet Reminder(TM), a pharmaceutical administration reminder product for the veterinary market, today announced that they have received purchase orders from three major animal health product distributors. Purchase orders with two additional distribution companies are expected shortly, ensuring that product will be available to the 20,000 plus veterinary clinics and hospitals throughout the US in early January 2001.
"Companies experienced in supplying animal health products recognize the issue of non-compliance and its potential health threats to pets," said Stan Cruitt, President, ALR Technologies, Inc. "With ALRT Pet Reminder, non-compliance can be significantly reduced, thereby alleviating pet owner fears of missing a dose of their pets' medications."
Designed to increase pet owner compliance in the administration of monthly and daily pharmaceuticals, ALRT Pet Reminder uses both visual and audio cues to remind pet owners when to administer animal health medications, such as heartworm preventives, flea control products and arthritic medications. Utilizing microchip technology, ALRT Pet Reminder is easily programmable to fit individual dosing schedules and can be reprogrammed by pressing a single button, should administration schedules change. Available in both monthly and daily reminder varieties, ALRT Pet Reminder is backed by a 12-month warranty and features a magnetic backing for ease-of-use and placement in the home. ALR Tech reports that an estimated 28 million pet owners purchase monthly heartworm preventives and/or monthly flea control products from veterinary hospitals and clinics. Further reports indicate that a large number of pet owners purchase daily administered medications for pet ailments such as arthritis, congestive heart failure and separation anxiety.
"Product will be shipped to the distributor warehouses in early January and, based on the positive results from the veterinary test markets already underway, we expect our distributor partners to be placing follow-up purchase orders by mid-January, " added Mr. Cruitt. "ALRT Pet Reminder is the perfect complement to the largest selling pharmaceuticals in veterinary medicine--the monthly heartworm preventives and the monthly flea control medications."
In addition to the signed purchase orders, ALR Tech is pleased to announce two new additions to its management team: Bert Honsch and Dr. Jarek Tichy. Mr. Honsch, recently named Executive Vice President of ALR Tech, has extensive pharmaceutical experience, having worked for Pfizer on the human pharmaceutical business, and then for Ciba Animal Health as Vice President, Sales and Marketing, as well as holding the position of Business Unit Head for Asia and South Pacific for Novartis Animal Health. Before joining ALR Tech, Mr. Honsch served as Executive Vice President and Chief Operating Officer of National Logistics Services, a major animal heath distribution company.
Dr. Jarek Tichy, Ph.D., was recently named Vice President, Technologies for ALR Tech. With an extensive background in technology and computer programming, Dr. Tichy will be responsible for all new product development activities. "We are excited about the two new additions to our management team," said Sidney Chan, Chairman and CEO, ALR Tech. "Their respective pharmaceutical and technology backgrounds are valuable additions to our corporation and will help us continue our success in 2001, as well as help us grow in the years to come."
ALR Technologies, Inc., based in Bellingham, WA, designs, markets and distributes technology-based products that maximize the effectiveness of both animal and human pharmaceuticals. Product launch in the human pharmaceutical market will soon be announced. For more information on the ALRT Pet Reminder and ALR Technologies, Inc., visit their Web site --www.alrt.com.
Sidney Chan Chairman and C.E.O. ALR Technologies Inc.
CONTACT: ALR Technologies, Inc. Ken Robulak (425) 376-2578 |